iwoca offers a new type of credit facility for small businesses, allowing them to take advantage of opportunities previously only available to their larger peers. From placing larger stock orders to bridging cashflow gaps, we believe that access to finance is crucial to driving business growth.

How we do it
More startup than financial institution, we use technology to eliminate the cost and complexity associated with traditional business finance. That means we can offer instant credit facilities with no upfront fees, no long-term commitments and the flexibility to top up and pay down as required.

At our core is a data-driven risk model which looks at entirely new metrics. Take an eBay business for example - looking at the customer feedback score helps us to predict a company's future health. Analysing tens of thousands of data points like this allows us to make fast, accurate lending decisions.